Business

After Op Sindoor success, Indian drone startup raises massive $100 million

UAV manufacturing startup Raphe mPhibr, whose drones participated in Operation Sindoor, has raised…

Ministry notifies private security guards as skilled & highly skilled workers

Ministry of Labour & Employment, Government of India vide its Gazette notification dated 19th…

Government Sets Minimum Floor Price For Minimum Wage Based Manpower Outsourcing

In a communication via an Office Memo No.F.6/1/2023-PPD dated 6th January, 2023 to the Chief…

Panasonic acquires UK firm for vertical growth

Panasonic Europe has acquired Alan Dick Communications, a leading UK technology integration specialist providing end-to-end…

NEC India announces new Managing Director

NEC India has announced the appointment of Mr Takayuki Inaba as its new Managing Director. He will be responsible for leading and…

FICCI reaction to liberalisation of FDI in private security industry

Expressing happiness on the government announcement on liberalisation of FDI in the private security industry Mr. Rituraj Sinha,…

Global professional surveillance market slowed in 2015

The world market for professional video surveillance equipment grew by 1.9% in revenues in 2015.This is according to recently…

Ed Pedersen joins Bosch Security Systems

Bosch Security Systems, Inc. has named Ed Pedersen Vice President of Sales, Security Integrator and Distributor Channel. In this…

Easier for private security companies to raise funds

International companies can have majority ownership in private security firms with the government deciding to allow 74% foreign…

Assa Abloy acquires Nassau in Denmark

Assa Abloy has signed an agreement to acquire Nassau in Denmark, an important European supplier of industrial overhead sectional…

Arecont Vision promotes Sanjit Bardhan

Arecont Vision, an industry leader in IP-based megapixel camera technology, has announced the promotion of Sanjit Bardhan to Vice…

Axis acquires Cognimatics

Axis is acquiring Cognimatics, a leading company of store optimisation solutions targeting the retail sector. Cognimatics…

Royal Mint picks G4S for security

The Ministry of Defence has been stripped of work providing security for the Royal Mint, with the private contractor G4S due to…

Govt. clears FDI policy for private security agencies

Foreign investors in companies that provide armoured car services or train private security guards will have to comply with the…

Assa Abloy acquires Mauer, Bulgaria

Assa Abloy has acquired Mauer, a leading manufacturer of cylinders and locks and a leading supplier of locking products in…